EduwaveTrading

Hi traders, Last week Bitcoin made a correction up (bearish) and went down. The wavecount turned out to be wrong because the big wick down to 102,5K on the chart above was not as big on the chart of other exchanges which makes the first downmove not three waves but five. So the first downmove is impulsive (Wave 1 or A) which makes the correction up Wave 2 or B and now it's in another downmove for wave 3 or C which could go lower. Let's see what the market does and react. Trade idea: Wait for a correction up on a smaller timeframe and a change in orderflow to bearish to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week gold failed to go up and started making a complex pullback (WXY) now, where wave X was a Triangle. After that it dropped and made a corrective upmove. So next week we could see another downmove to finish the bigger correction down. And then the next impulsive wave up. Let's see what price does and react. Trade idea: Wait for a rejection with an impulse wave up from the Weekly FVG. After a small correction down on a lower timeframe and a change in orderflow to bullish you could trade longs. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week Bitcoin made correction up (bearish), went down and made another correction up. It looks like it is forming a (bullish or bearish) Triangle. So now we could see more downside to the lower Weekly FVG. If price breaks the red arrow, the Triangle (bearish) is invalid and we could see price go up again for the next impulse wave. Let's see what the market does and react. Trade idea: Wait for a correction up on a smaller timeframe to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week gold made a correction up and another downmove for the finish of a bigger correction wave 4 (orange). After that price consolidated. So next week we could see the next impulsive wave up. Let's see what price does and react. Trade idea: Wait for a small correction down on a lower timeframe and a change in orderflow to bullish to trade longs. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! EduwaveGold failed to go up. It's making a complex pullback (WXY) now, where wave X was a Triangle. We could see a corrective upmove and another drop to finish the bigger correction down.

Hi traders, Last week Bitcoin made correction up (bearish) and went down. This could be a bigger (red) wave 4 correction down as I've said in my outlook. So now we could see more downside to the lower Weekly FVG. Let's see what the market does and react. Trade idea: Wait for a correction up on a smaller timeframe to trade shorts. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week gold went up, up, up and after that a downmove. The corrections on gold are very small. So it could go up again now from the bullish Daily FVG. Or next week we see a correction up and another downmove for the finish of a bigger correction. Let's see what price does and react. Trade idea: Wait for a small correction down on a lower timeframe and a change in orderflow to bullish to trade longs. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. But I react and trade on what I see in the chart, not what I've predicted or expect. Don't be emotional, just trade your plan! Eduwave

Hi traders, This time my outlook on Bitcoin last week was great. After it made a new ATH, price went down impulsive (= bearish), made a small correction up and dropped to the previous swing lows. Last week I already said that the move up came out of nowhere. Now it could go up again. But let's wait for the correction up (bearish) or down (bullish) to take a trade. Let's see what the market does and react. Trade idea: Let price make a correction to take a trade bullish or bearish. If you want to learn more about trading FVG's with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my analysis. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week gold went up some more and started a correction down. This could become a bigger correction but at the moment we could see one more move down for next week. Let's see what price does and react. Trade idea: Wait for a small correction up on a lower timeframe and a change in orderflow to bearish to trade (short term) shorts. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave

Hi traders, My outlook on Bitcoin last week was wrong and I'm the first to admit it. I can't be 100% right. So we move on to the next possibility. Last week Bitcoin went up very impulsive from out of nowhere due to fundamental news. Now let price make a new ATH and wait for the (corrective or impulsive) move down to take a trade. Let's see what the market does and react. Trade idea: Let price make a new ATH and wait for the (corrective or impulsive) move down to take a trade bullish or bearish. If you want to learn more about trading FVG's with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my analysis. Don't be emotional, just trade your plan! Eduwave

Hi traders, Last week my outlook on gold was wrong. It turned out that gold was slowly going up some more. Now it finished another correction down and rejected from the Daily bullish FVG so next week we could see more upside again. Let's see what price does and react. Trade idea: Wait for a small correction down on a lower timeframe and a change in orderflow to bullish and trade longs again. If you want to learn more about trading FVG's & liquidity sweeps with wave analysis, please make sure to follow me. This shared post is only my point of view on what could be the next move in this pair based on my technical analysis. Don't be emotional, just trade your plan! Eduwave